23, Jan, 2022
Foreign Trade Policy 2021-2026: Expectations For The Import-Export Sector

Trade

Summary The scale of the COVID-19 pandemic is a consequence of international trade and globalisation, with the virus spreading along established trade and travel routes. However, the pandemic also affects international trade through reductions in both supply and demand. In this Viewpoint we describe the many implications for health and […]

International merchandise trade is booming. Exports of many countries are growing at double digit rates and global trade has already surpassed the pre-pandemic levels of 2019. However, the global trade recovery hides an important asymmetry: small economies and the poorest countries are falling behind. Their recovery is not yet in […]

The COVID-19 pandemic and associated global recession have had a devastating effect on international trade. In the second quarter of 2020, global trade was down 18.5 percent, a far sharper drop than was seen for GDP.[1] Much of the economic activity that continues in a pandemic—health services, housing services, utilities—is […]

International trade is the lifeblood of the world economy, but is subject to constant change from economic, political and environmental forces. Emerging economies have seen their share of total global trade rocket in recent years. China, for instance, is now responsible for 15% of all world exports. Unfinished goods, components […]

The UK government has begun negotiations to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), suggesting that joining this trade pact is a positive result of Brexit. CPTPP, as the name implies, is an agreement on trade (and related issues) between eleven countries which border the Pacific – Australia, Brunei, Canada, […]

Recent decades have seen rapid growth of the world economy. This growth has been driven in part by the even faster rise in international trade. The growth in trade is in turn the result of both technological developments and concerted efforts to reduce trade barriers. Some developing countries have opened […]

By Praveen Menon and Shashwat Awasthi WELLINGTON (Reuters) – U.S. President Joe Biden and Chinese leader Xi Jinping are expected to address leaders of the Pacific Rim late on Friday amid heightened regional trade and geopolitical tensions. China set the tone for the 21 member Asia Pacific Economic Cooperation (APEC) […]

On the topic of international trade, the views of economists tend to differ from those of the general public. There are three principal differences. First, many noneconomists believe that it is more advantageous to trade with other members of one’s nation or ethnic group than with outsiders. Economists see all […]